Calls for 24-May-2010

Dow jumped over 1% in last half an hour, Asians are all positive, SGX nifty +53, Ambani brothers new deal, So we may open around 5000 and may test 4950 and 5050.


My System Calls:

1) Levels to watch are 4974.75 and 4882.05

2) Sell Below 4951.76 SL 4982.76 TGT 4882.05, 4815, 4779
3) Buy Above 5013.76 SL 4982.76 TGT 5057.1, 5082.1

4) Supports/Resistances to Watch For :-

4779
4815
4871.7
4907.7
4964.4
5000.4
5057.1

Camarilla Calls:
1) Sell Below 4877.41 SL 4902.91 TGT 4815.77, 4793.53
2) Sell Below 4953.89 SL 4979.39 TGT 4936.9, 4919.9, 4902.91
3) Buy Above 4902.91 SL 4877.41 TGT 4919.9, 4936.9, 4953.89
4) Buy Above 4979.39 SL 4953.89 TGT 5001.17

BankNifty:- Levels to watch are 9247.78 and 9046.03

Volume Shockers (Futures) : ITC, PIRHEALTH

Swing Trading (Futures):
1. IFCI Buy Above 51.68
2. LICHSGFIN Sell Below 944.59